Menominee County, Michigan: commercial real estate data.
Menominee County, Michigan had an estimated 23,050 residents on July 1, 2024, down 1.9 percent since the 2020 census base of 23,496, across 1,044 square miles. County output reached $971.2 m in 2024, 435 establishments operate here, and the SBA record carries 19 7(a) approvals worth $11.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Menominee County
How many people live in Menominee County
- Population, American Community Survey 2020-202423,247
- Households10,361
- Average household size2.24
- Median household income$56,435
- Median age49.6
- Median gross rent$692 per month
- Median owner-occupied home value$151,800
- Home value to household income2.7 times
- Annual rent as a share of median income14.7 percent
- Adults 25 and over with a bachelor degree or higher18.5 percent
- Adults 25 and over with a graduate degree5.6 percent
- Adults 25 and over17,491
- Population under 184,054
- Share under 1817.4 percent
- Population 65 and over6,261
- Share 65 and over26.9 percent
- Working age population, 18 to 6412,932
- Civilian labor force10,757
- Unemployment rate4.2 percent
- Labor force participation, adults 18 and over56.0 percent
- Rank by population among Michigan counties61st of 83
- Rank by population among US county-equivalents, Puerto Rico included1722nd of 3,222
Menominee County is the 61st largest of 83 Michigan counties by population. A median home costs 2.7 times median household income, which is affordable by national standards. Residents 65 and over outnumber those under 18, at 26.9 percent against 17.4 percent, which points demand at health care, services and single story product rather than schools.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Menominee County
Is Menominee County's population growing?
- Population, July 1, 202423,050
- Census 2020 base population23,496
- Population change since the 2020 census base-1.90 percent
- Population change, 2023 to 2024-73
- Births, 202489
- Deaths, 2024276
- Natural change, 2024-187
- Net domestic migration, 2024106
- Net international migration, 202411
- Total net migration, 2024117
- Cumulative net domestic migration, 2021 to 2024152
- Rank by growth among US county-equivalents2477th of 3,144
The county has lost 1.90 percent of its population since the 2020 census base. Deaths exceeded births in 2024 by more than net migration added, so the population fell even though more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Menominee County
Where are people moving to Menominee County from?
- Tax returns filed by households arriving555
- People arriving, from those returns970
- Tax returns filed by households leaving526
- Net household movement29
- Adjusted gross income arriving$28.3 m
- Net adjusted gross income movement$3.1 m
- Average income of an arriving household$51,072
- Average income of a leaving household$47,956
- Largest single originMarinette County (151 households)
- Largest single destinationMarinette County (168 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Marinette County | 151 | 246 | $5.6 m |
| Delta County | 60 | 126 | $2.5 m |
| Brown County | 21 | 29 | $1.7 m |
Households arriving report $3,116 more average income than households leaving, so the migration is raising local spending power rather than just moving it around. The largest single source of arrivals is Marinette County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Menominee County
What is the Menominee County economy?
- County GDP, 2024$971.2 m
- County GDP, 2023$896.4 m
- GDP change, 2023 to 20248.3 percent
- GDP change over five years39.9 percent
- Rank by GDP among the Michigan areas BEA publishes58th of 83
- Rank by GDP among the US county areas BEA publishes1868th of 3,127
- GDP per resident$41,777
Output grew 8.3 percent in the latest year and 39.9 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Menominee County
Employment by industry in Menominee County
- Covered employment, annual average7,149
- Establishments reporting491
- Average annual pay$48,080
- Average weekly wage$925
- Manufacturing, employment2,163
- Manufacturing, average annual pay$60,312
- Retail trade, employment531
- Retail trade, average annual pay$30,268
- Accommodation and food services, employment484
- Accommodation and food services, average annual pay$17,455
- Wholesale trade, employment384
- Wholesale trade, average annual pay$72,188
- Other services, except public administration, employment270
- Construction, employment155
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 2,163 | 53 | $60,312 |
| Retail trade | 531 | 57 | $30,268 |
| Accommodation and food services | 484 | 44 | $17,455 |
| Wholesale trade | 384 | 20 | $72,188 |
| Other services, except public administration | 270 | 38 | $26,780 |
| Construction | 155 | 34 | $59,002 |
| Finance and insurance | 119 | 22 | $65,387 |
| Real estate and rental and leasing | 55 | 10 | $30,418 |
Manufacturing is the largest private sector at 2,163 jobs, 30.3 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Menominee County
How many businesses are in Menominee County?
- Establishments, all industries435
- Employment at those establishments5,586
- Annual payroll$244.7 m
- Establishments per 1,000 residents18.7
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Menominee County
Building permits in Menominee County
- Housing units authorized by permit, 202426
- Declared construction value permitted$4.1 m
- Single family units authorized26
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$159,091
- Units authorized per 1,000 households2.5
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Menominee County
SBA loans in Menominee County (7(a) and 504)
- 7(a) approvals recorded19
- 7(a) gross approval dollars$11.3 m
- Average 7(a) approval$595,300
- Median 7(a) approval$224,000
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)202
- Jobs per approval10.6
- Distinct 7(a) lenders active8
- Distinct industries receiving approvals14
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer21.1 percent
- Loans on real estate terms4
- Loans on working capital terms, 120 months or shorter11
- Franchise loans3
- Franchise share of approvals15.8 percent
- Most active lenderThe Stephenson National Bank and Trust (10)
- 504 approvals recorded2
- 504 gross approval dollars$555,000
- Average 504 approval$277,500
- Median 504 approval$277,500
- Distinct CDCs active2
- 504 jobs per approval7.5
- 504 jobs per million dollars approved27.0
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$11.9 m
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Menominee County
SBA loan default and charge-off rates in Menominee County
Do SBA loans in Menominee County get paid back?
- Loans with a final outcome recorded10
- Paid in full9
- Charged off1
- Status: Paid in full9
- Status: Exempt from disclosure8
- Status: Charged off1
- Status: Committed, not yet disbursed1
Only 10 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Menominee County
SBA lending by place in Menominee County
- Borrower cities with recorded lending8
- Menominee, approvals9
- Stephenson, approvals3
- Wallace, approvals2
- Cedar River, approvals1
- Marinette, approvals1
- Daggett, approvals1
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Menominee | 9 | $8,635,500 |
| Stephenson | 3 | $1,444,400 |
| Wallace | 2 | $55,000 |
| Cedar River | 1 | $949,300 |
| Marinette | 1 | $100,000 |
| Daggett | 1 | $66,500 |
| Carney | 1 | $45,000 |
| Green Bay | 1 | $15,000 |
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Menominee County
How large is Menominee County?
- Land area1,044 sq mi
- Rank by land area among Michigan counties8th of 83
- Width, east to west30.3 mi
- Height, north to south61.5 mi
- Geographies sharing a boundary4
- Residents per square mile of land22
- Establishments per square mile0.42
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Menominee County
Flood risk in Menominee County
- Communities in the county in the NFIP Community Status Book18
- Of those, participating in the NFIP16
- NFIP participation rate88.9 percent
- Communities carrying a CRS class0
- Radon levels in Menominee County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The EPA places Menominee County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 88.9 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Menominee County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Menominee County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202423,247
- Households10,361
- Average household size2.24
- Median household income$56,435
- Median age49.6
Common questions
Menominee County questions, answered from the record.
How many people live in Menominee County, Michigan?
The Census Bureau estimates 23,050 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 23,247, in 10,361 households, ranking 61st of 83 Michigan counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Menominee County's population growing?
The population has fallen 1.90 percent since the 2020 census base of 23,496, to 23,050 on July 1, 2024. In 2024 there were 89 births against 276 deaths, with net migration of 117. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Menominee County?
$56,435. The median owner-occupied home is valued at $151,800, which is 2.7 times income, and median gross rent is $692 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Menominee County?
435 establishments, employing 5,586 people with an annual payroll of $244.7 m. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Menominee County?
Manufacturing is the largest private sector at 2,163 jobs, 30.3 percent of covered employment. Covered employment averages 7,149 jobs at an average annual pay of $48,080, or $925 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Menominee County?
19 7(a) approvals totaling $11.3 m since FY2020, across 8 lenders, with a median approval of $224,000, plus 2 504 approvals worth $555,000 since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Menominee County?
26 housing units were authorized by permit in 2024, with a declared construction value of $4.1 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Menominee County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Menominee County come from?
The largest single origin is Marinette County, with 151 households. Arriving households report an average income of $51,072 against $47,956 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Menominee County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Menominee County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Menominee County
Cities and places in Menominee.
6 Census places lie wholly or partly in Menominee County. All 6 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Menominee | city | 8,326 | 9 | Wholly in this county |
| Stephenson | city | 902 | 3 | Wholly in this county |
| Hermansville | CDP | 666 | None recorded | Wholly in this county |
| Powers | village | 360 | None recorded | Wholly in this county |
| Carney | village | 177 | 1 | Wholly in this county |
| Daggett | village | 174 | 1 | Wholly in this county |
A further 5 of the county's 19 SBA 7(a) approvals are to borrowers in cities that match no Census place in Menominee County, the largest being Wallace (2), Cedar River (1), Marinette (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby